NOT LISTED FOR SALE

4826 Kern Rd Waterloo, IL 62298

Estimated Value: $220,536 - $302,000

3 Beds
1 Bath
1,260 Sq Ft
$220/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $205,000 $163 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,827/month

50 Days on Market

Highlights

  • 28 Acre Lot
  • 2 Car Detached Garage
  • Shed
  • Rogers Elementary School Rated A-
  • Crops Farm
  • Agricultural

About This Home

As of December 2019

Great farm acreage. Property borders LL and Kern Rd. There is a Home on the property but it needs a lot of work. There is also a
32 x 40 shed with a 13' x 16' concrete pad. The rest is a dirt floor. Building has 2 doors one 18' wide x 16'6" tall it also has a small workshop area. Garage measures 22' x 24' and has a concrete floor with a 17' wide door. House has fuses for electric. Septic needs to be replaced. there are 2 propane tanks, a small one for the stove and hot water heater, and a larger one for the furnace they are leased through FS. The furnace is 5 years old. Water heater is approx. 10 yrs old. Well is 156' deep. There is no air conditioning. Home can be shown by appointment only with 24 hr notice. Call office or listing agent. Possession of farm ground is subject to Tenant Farmer rights. Property can be divided into 2 separate parcels.

Last Agent to Sell the Property

JoAnn Meier

RE/MAX First Choice License #471005386 Listed on: 09/23/2019

RE/MAX  First Choice

Last Buyer's Agent

JoAnn Meier

RE/MAX First Choice License #471005386 Listed on: 09/23/2019

RE/MAX  First Choice

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,310

Year Built

  • Built in 1957

Lot Details

  • 28 Acre Lot
  • Rural Setting
  • Level Lot
  • Possible uses of the property include Horses, Residence, Tenant Farming
  • Property is zoned Agricultural

Parking

  • 2 Car Detached Garage

Home Design

  • Farm
  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Waterloo Dist 5 Elementary And Middle School
  • Waterloo High School

Farming

  • Crops Farm
  • Crops
  • Agricultural

Utilities

  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • Electricity To Lot Line
  • Well
  • Propane Water Heater
  • Septic System

Additional Features

  • Shed
  • Residence on Property

Listing and Financial Details

  • Assessor Parcel Number 11-22-300-002-000

Property Details

Property Type

Other

Est. Annual Taxes

$3,310

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Acreage & Farms
  • Type: Acreage Rural, Agricultural Land, Farm-Row Crop
  • Age: 62
  • Ownership: Private
  • Current Use: Crops
  • Main Residence: 1 Story
  • Possible Use: Horses, Residence, Tenant Farming
  • Year: 2018
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Main Level Bedrooms: 3
  • Main Full Bathrooms: 1
  • Bathrooms: 1.00
  • Bedrooms: 3.00
  • Room Cnt: 5
  • Square Footage Unknown: Yes
  • Total Full Baths: 1
  • Estimated Sq Ft: 1260
  • Basement Description: Full, Unfinished

Exterior Features

  • Propane Tank: Leased
  • Construction: Frame
  • Road Access: County Road
  • Road Surface: Tar/Chips

Garage/Parking

  • Garage Size: 22 x 24
  • Parking Description: Detached
  • Number Garage Spaces: 2

Utilities

  • Sewer: Septic
  • Water: Well
  • Heating: Forced Air
  • Utilities On-site: Electric, Water
  • Water Heat: Propane

Schools

  • School District: Waterloo DIST 5
  • Elementary School: WATERLOO DIST 5
  • Middle School: WATERLOO DIST 5
  • High School: Waterloo
  • Elementary School: WATERLOO DIST 5
  • Junior High School: WATERLOO DIST 5
  • School District: Waterloo DIST 5
  • Senior High School: Waterloo

Lot Info

  • Lot Number: 17A, 20B & 20D
  • Acres: 28.0000
  • Lot Sq Ft: 1219680
  • Zoning: Agricultural
  • Section: 22 03S 09W TWN 11 - T3S R9W
  • Topography: Crop, Level Lot
  • Tillable Acreage: 25.00

Building Info

  • Buildings: Garage(s), Residence, Shed(s)

Tax Info

  • Taxes Paid: 1055
  • Assessor Parcel Number: 11-22-300-002-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2020
Sold by
Kenworth C Johnston Revocable Trust
Bought by
Johnston Kenworth C and Johnston Jenny L
Total Days on Market
50
Current Estimated Value
$277,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Outstanding Balance
$145,509
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$132,125

Purchase Details

Closed on
Sep 21, 2020
Sold by
Johnston Kenworth C and Johnston Jenny L
Bought by
Kenworth C Johnston Revocable Trust

Purchase Details

Closed on
Sep 10, 2020
Sold by
Johnston Kenworth C and Johnston Jenny L
Bought by
Kenworth C Johnston Revocable Trust and Jenny L Johnston Revocable Trust

Purchase Details

Listed on
Sep 23, 2019
Closed on
Dec 12, 2019
Sold by
Crook Emma A
Bought by
Johnston Kenworth C and Johnston Jenny L
Seller's Agent
JoAnn Meier
RE/MAX First Choice
Buyer's Agent
JoAnn Meier
RE/MAX First Choice
List Price
$250,000
Sold Price
$205,000
Premium/Discount to List
-$45,000
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$240,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Johnston Kenworth C -- Cooper & Liefer Law Offices
Kenworth C Johnston Revocable Trust -- Cooper & Liefer Law Offices
Kenworth C Johnston Revocable Trust -- --
Kenworth C Johnston Revocable Trust -- Cooper & Liefer Law Offices
Johnston Kenworth C $205,000 Columbia Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnston Kenworth C $75,000
Closed Johnston Kenworth C $65,000
Open Johnston Kenworth C $176,000
Previous Owner Johnston Kenworth C $240,000
Closed Johnston Kenworth C $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $205,000 -4.7% $163 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
11/06/2019 11/06/19 Price Changed $215,000 -14.0% $171 / Sq Ft
09/23/2019 09/23/19 For Sale $250,000 -- $198 / Sq Ft
Source: MARIS MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,310 $55,134 $10,994 $44,140
2022 $2,891 $47,235 $10,925 $36,310
2021 $3,206 $51,130 $16,280 $34,850
2020 $3,105 $48,340 $16,770 $31,570
2019 $1,084 $44,565 $15,935 $28,630
2018 $1,055 $40,954 $15,224 $25,730
2017 $1,014 $41,010 $14,826 $26,184
2016 $0 $41,240 $14,060 $27,180
2015 $955 $34,026 $13,556 $20,470
2014 $895 $33,687 $13,217 $20,470
2012 -- $33,803 $12,973 $20,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS19071831

MARIS MLS

APN: 11-22-300-002-000